Deechristophermagic
Is Raymond James a fiduciary?
Since Raymond James advisors serve as ERISA fiduciaries, they are obligated to recommend what is best for your company and employees.
Which financial advisors are fiduciaries?
All investment advisors registered with the U.S. Securities and Exchange Commission (SEC) or a state securities regulator must act as fiduciaries. On the other hand, broker-dealers, stockbrokers and insurance agents are only required to fulfill a suitability obligation. 5 days ago What financial advisors are not fiduciaries? Commission-only advisors are not fiduciaries. They work as salespeople for investment and insurance brokerages, and are only held to suitability standards.
Accordingly, which is better schwab or vanguard?
In our 2020 Best Online Brokers reviews, Charles Schwab earned higher scores than Vanguard in every category we ranked, which includes Best Overall, Best for Beginners, Best Stock Trading App, Best for Day Trading, Best for International Trading, Best for Low Cost, and Best for ETFs. Is TD Ameritrade a fiduciary? It's an RIA's fiduciary and legal duty to act in your best interest.
Is Edward Jones a fiduciary?
Unlike many discount brokerages available online, Edward Jones is a full-service broker. Unfortunately, being a broker also means they do not have to follow the fiduciary standard. You can also ask is northwestern mutual a pyramid scheme? Northwestern Mutual Financial Representative Review - Very Big Pyramid Scheme. I worked at the South Park office in Charlotte, NC and after working at NWM for a while you can clearly see how it is a very big pyramid scheme like most insurance companies.
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